profits

The European motor giants multiply their profits despite reducing sales

The European motor giants multiply their profits despite reducing sales

It seemed that the chip crisis that began last year was going to be a new blow that would once again drag car companies into a series of bad results, but no. The big European car manufacturers continue to increase their profits while their sales continue to decline due to missing components. As happened last …

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Aramco records record profits again boosted by fuel prices |  D.W. |  08.14.2022

Aramco records record profits again boosted by fuel prices | D.W. | 08.14.2022

Saudi Aramco, the world’s largest oil company, announced this Sunday (08.14.2022) a record net profit of 48.4 billion dollars in the second quarter, thanks to the rise in crude oil prices due to the war in Ukraine and the strong post-pandemic demand for oil and fuel. Net profit increased 90% compared to the same quarter …

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Ibex companies close the first half with a 7.4% increase in profits

Ibex companies close the first half with a 7.4% increase in profits

The large companies listed on the Ibex 35 have closed the first half of the year on a positive note, in an environment of great uncertainty in which the post-Covid economic recovery has been cut short by an adverse macro environment in which price tensions continue to reign ( raw materials and energy above all), …

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Big oil companies posted record profits from rising prices: $51 billion

Big oil companies posted record profits from rising prices: $51 billion

Exxon and BP gas stations at the exit of the Holland Tunnel during the start of Memorial Day weekend, under rising prices and record inflation, in Newport, New Jersey, United States (REUTERS / Eduardo Munoz / File) The two largest US oil companies, Exxon Mobil and Chevron Corp, reported record revenue on Friday as crude …

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Unicaja Banco increases its profits by 62% in the first half of the year

Unicaja Banco increases its profits by 62% in the first half of the year

Unicaja Banco presented its accounts for the first half of the year on Wednesday and the numbers illustrate the strength of the Malaga financial institution. To begin with, the Unicaja Banco Group records a net profit of 165 million euros in the first half of 2022. The figure represents a year-on-year increase of 62% and …

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The ECB's cap on 'profits fallen from the sky' will bring "regulatory volatility" and will penalize the banks on the stock market

The ECB’s cap on ‘profits fallen from the sky’ will bring “regulatory volatility” and will penalize the banks on the stock market

The possibility that the European Central Bank (BCE) take measures to limit the benefit that banks will have when raise interest rates for its ‘ultra-cheap’ loans would have negative consequences on the sector in the form of greater “regulatory volatility” and lower investor interest. This is what analysts believe UBSwho in a recent report state …

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